By; RAYMOND TEDUNJAYE, Lagos
The Federal Government initiative on export of agricultural and manufactured products has recorded a leap as goods totalling N29.146 Billion were exported through the Tin- Can Island Port from January to March 2018.
Comptroller of Customs, Tin-can Island Command Musa Muhammed who made the disclosure gave the total metric tones of the goods as 45,462MT.
He said there was an appreciable improvement of 558.46 percent in terms of volume and 402.24 percent in terms of FOB value compared with last year’s record.
Musa listed the exported agricultural goods to include cashew nut, rubber, hibiscus flower, cocoa butter, sesame seed, processed wood, frozen shrimps and processed leather.
The manufactured products according to him are empty bottles, biscuit, cigarette, polyethylene, billets, soap, hair cream and tissue paper.
While giving a breakdown, Musa stated that the agricultural products with 38,517 metric tones, valued N22.435 Billion, while the processed and manufactured goods valued 6,945 metric tones valued N6.711 Billion.
According to him, a total of N7.246 Billion of 8,140.6 metric tones was exported within the same period in 2017.
Speaking also on trade facilitation, the Comptroller hinted that the command recorded a modest achievement in the 48hours cargo clearance time, pointing out that some goods were being cleared from Customs zone within six hours.
The areas where gains were recorded due to the strengthening of the trade facilitation structures include time release studies, despute resolution committee working as scheduled, help desk for enquiries and operational support, securing of government revenue in disputed area through the use of Bank Guarantee/indemnity and fast track facilities provided to compliment traders.importers.